The stock market indices closed out the week with a bit of a thrust to the upside, finishing at the session highs going away. It was also the weekly and two-year highs.
Clive Corcoran remains doubtful that the EU technocrats can cobble together a feasible solution to a monetary union which lacks fiscal unity and discipline from all of its member states.
The stock market indices ended mixed on the session with the blue chips down and the Nasdaq 100 up just a small fraction, but technicals were weaker and lower, confirming the softness today as profit-taking may have started to set in.
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